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Monday, 25 October 10
TWO CHINESE COMPANIES INK DEAL TO TAP AUSSIE COAL RESERVES
China Daily reportd that, two Chinese coal firms have teamed up to explore and develop coal resources in an area in Australia that has forecast reserves of 10 billion tons.
China Coal Geology Engineering Corp and Wanbei Coal-Electricity Group Co Ltd, based in East China's Anhui province, inked an agreement for the project. The two companies will carry out a five-year exploration and development in the area in Queensland.
The deal is in line with domestic coal companies' quickening pace in venturing overseas. The timing now is appropriate for them to expand overseas, analysts said.
Chinese companies can enjoy more reasonable prices in making overseas deals, as international coal prices have dropped a lot after the economic recession, said Zhang Yanlin, an analyst with China Investment Consulting Co.
The global coal industry will continue to have a bright future and demand for coal in some emerging markets is rising rapidly, Zhang said.
The volume of China's coal imports more than tripled in 2009 from a year earlier as the country's economic stimulus package boosted demand.
China's coal imports jumped 2.1 times to 130 million tons in 2009 from a year earlier, with the average price at $84 a ton, according to the General Administration of Customs (GAC).
GAC attributed the surge to higher domestic coal prices and a supply shortage caused by the increase in demand after the economic stimulus package came into effect. The move pushed up demand for high-quality coking coal in the steel, cement and chemical industries.
Yanzhou Coal Mining Co, China's third-largest coal producer, is scanning the market for additional coal acquisitions in overseas markets after becoming the new owner of Australia's Felix Resources Ltd, company executives told China Daily earlier.
State-owned Yanzhou is seeking to acquire new "coalmines as well as stakes" in coking or thermal coal companies in Australia.
Yanzhou had completed the legal footwork to take over Felix by the end of last year at a price of about $3 billion, ranking it China's biggest takeover of an Australian firm.
Source:China Daily / People Daily
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Thursday, 18 November 10
MUNDRA PORT AWARDED BEST PRIVATE PORT - COMMODITY ONLINE / HELLENIC SHIPPING
Adani Group owned, Mundra Port has been awarded the Annual Indian Maritime Gateway Award for the Best Private Port of the Year for the third consecu ...
Wednesday, 17 November 10
DRY BULK MARKET LOOKING FOR SUPPORT IN COAL TRADES AND INDIAN IRON ORE EXPORTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Nikos Roussanoglou, Hellenic Shipping reported that, the dry bulk market is lacking support to end its 13-day slide, as evidenced by Monday’s ...
Tuesday, 16 November 10
'VALLAR PLC' TO BECOME 'BUMI PLC' POST DEAL - THE JAKARTA POST
The Jakarta Post reported that, The United Kingdom’s Vallar Plc will change its name to Bumi Plc following a cash and stock transaction with t ...
Tuesday, 16 November 10
ROTHSCHILD BUYS INDONESIAN COAL STAKES FOR $3 BILLION - BLOOMBERG
Bloomberg reported that, Nathaniel Rothschild, the only son of U.K. financier Jacob Rothschild, agreed to invest $3 billion in two Indonesian coal c ...
Sunday, 14 November 10
THE FREIGHT MARKET CONTINUED ITS DOWN FALL - VISTAAR SINGAPORE
COALspot.com: The freight market continued its down fall with BDI down by 7.29 pct and closed at 2,313 points.
All other segments were also under ...
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Showing 5526 to 5530 news of total 6871 |
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- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Ministry of Mines - Canada
- Salva Resources Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- Australian Coal Association
- Thai Mozambique Logistica
- Wilmar Investment Holdings
- Indogreen Group - Indonesia
- Coal and Oil Company - UAE
- White Energy Company Limited
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Savvy Resources Ltd - HongKong
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Goldman Sachs - Singapore
- Straits Asia Resources Limited - Singapore
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Bharathi Cement Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- PTC India Limited - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- MS Steel International - UAE
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Chamber of Mines of South Africa
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- IEA Clean Coal Centre - UK
- Marubeni Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
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